Tuesday, November 15, 2016

Election results improve odds for Walgreens, Rite Aid deal

A Trump administration increases the chance that Walgreens Boots
Alliance will successfully close its proposed acquisition of Rite Aid,
though the deal's actual closing date may be extended further into first
quarter 2017, according to a Seeking Alpha report.

"Given the current hostile environment for consumer mergers, it is hard
not to believe that the new regime increases the odds of regulatory
approval at least modestly,” the report said. . . . more